Current Status Bill Number:3779 Type of Legislation:General Bill GB Introducing Body:House Introduced Date:19950309 Primary Sponsor:Elliott All Sponsors:Elliott, Knotts, Littlejohn, Cato, Simrill, Cain, Mason, Govan, Stuart, Delleney, Neilson, Stille, Tucker, Jennings, Hines, R. Smith, T. Brown, Wright and Riser Drafted Document Number:GJK\21521JM.95 Residing Body:Senate Date of Last Amendment:19950503 Subject:Real estate property managers
Body Date Action Description Com Leg Involved
______ ________ _______________________________________ _______ ____________
Senate 19960221 Recalled from Committee, 02 SBI
placed on the Calendar
Senate 19950505 Introduced, read first time, 02 SBI
referred to Committee
House 19950504 Read third time, sent to Senate
House 19950503 Amended, read second time
House 19950503 Objection withdrawn by Representative Scott
Cooper
House 19950502 Objection by Representative Kirsh
Cooper
Inabinett
Scott
House 19950502 Objection by Representative Townsend
House 19950426 Committee report: Favorable with 26 HLCI
amendment
House 19950309 Introduced, read first time, 26 HLCI
referred to Committee
View additional legislative information at the LPITS web site.
Indicates Matter Stricken
Indicates New Matter
RECALLED
February 21, 1996
H. 3779
Introduced by REPS. Elliott, Knotts, Littlejohn, Cato, Simrill, Cain, Mason, Govan, Stuart, Delleney, Neilson, Stille, Tucker, Jennings, Hines, R. Smith, T. Brown, Wright and Riser
S. Printed 2/21/96--S.
Read the first time May 5, 1995.
TO AMEND SECTION 40-57-155, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO CONTINUING EDUCATION FOR REAL ESTATE BROKERS AND SALES AGENTS, SO AS TO APPLY THE REQUIREMENTS TO REAL ESTATE PROPERTY MANAGERS, AND PROVIDE THAT, FOR PROPERTY MANAGERS, THE EIGHT HOURS MUST INCLUDE A MINIMUM OF TWO HOURS OF INSTRUCTION ON FEDERAL AND STATE LAWS AFFECTING PROPERTY MANAGERS AND THAT THE REMAINING HOURS MUST INCLUDE PROPERTY MANAGEMENT RELATED COURSES.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 40-57-155(A) of the 1976 Code, as added by Act 170 of 1993 and as last amended by Act 476 of 1994, is further amended to read:
"(A) As a condition of license renewal, a broker, or sales agent, or licensed property manager must satisfactorily complete eight hours of approved course instruction biennially as prescribed by the commission by a course provider approved by the commission. The eight hours for sales and broker agents must include a minimum of two hours of instruction on changes in federal and state law affecting licensees. For licensed property managers, the eight hours must include a minimum of two hours of instruction on federal and state laws affecting property managers, and the remaining hours must include property management related courses as approved by the commission. A licensee having successfully completed a thirty-hour course for qualification as a broker is not required to participate in the continuing education program for that particular year. A licensee who decides to become inactive is not required to participate in the continuing education program but must complete the eight-hour requirement before returning to active status."
SECTION 2. Section 40-57-155(H) of the 1976 Code, as last amended by Act 476 of 1994, is further amended to read:
"(H) A licensee upon reaching the age of sixty-five fifty-five, with a minimum of twenty-five years of licensure, is exempt from the requirements of this section."
SECTION 3. This act takes effect July 1, 1995.